UPWK
Upwork IncNASDAQ
Communication Services • Internet Content & Information
Factor tilt: Small-Cap Blend
$10.02-2.91%
Close Nov 6, 2026
- Market cap
- $1.24B
- 1 month
- +16.9%
- 3 months
- +1.9%
- 1 year
- -38.8%
- 52-week range
- $7.84$22.11
- Dividend
- No dividends on record
- Short interest
- 17.1% of float19.1M shares · settled Oct 15, 2026 · +8.7% since Sep 30, 2026 · FINRA
Fundamentals · trailing 12 months to Sep 30, 2026
- Revenue
- —
- Net income
- —
- Free cash flow
- $191.59M
- Book value
- $654.03M
- Total debt
- $13.51M
- P/E
- —
- Price / sales
- —
- Price / book
- 1.9×
- FCF yield
- +15.5%
- Net margin
- —
EODHD (TTM) · as of Nov 6, 2026
End-of-day close from stored market data, not a live quote.
About Upwork Inc
Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally.
Read more
The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its marketplace also streamlines workflows, such as talent sourcing, outreach, contracting, and engagement management, as well as provides infrastructure for remote collaboration, including communication and collaboration tools, consolidated invoicing, and payment protection; and Upwork Payroll services. It also offers enterprise solutions that provide access to platform capabilities that support contingent workforce solutions, including sourcing, onboarding, classification, compliance and contract management, payments, and reporting. In addition, the company offers managed services that provide a service-led program management and end-to-end project delivery solution that enables enterprise clients to outsource defined functions or projects; Uma, an AI assistant; and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was founded in 1998 and is headquartered in Palo Alto, California.
- Website
- upwork.com
- Headquarters
- Palo Alto, CA, United States
- Employees
- 630
- Listed
- Oct 3, 2018
- Fiscal year ends
- December
Company profile from EODHD, stored Nov 4, 2026.
Quarterly results
The last 8 fiscal quarters as reported (EODHD). Year over year compares the same quarter a year earlier.
| Quarter | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Jun 2026filed Aug 10, 2026 | $191.7M | -1.7% | 76.4% | $28.1M | $25.4M |
| Mar 2026filed May 7, 2026 | $195.5M | +1.4% | 77.2% | $32.7M | $31.5M |
| Dec 2025filed Feb 13, 2026 | $198.4M | +3.6% | 78.0% | $28.3M | $15.6M |
| Sep 2025filed Nov 4, 2025 | $201.7M | +4.1% | 77.3% | $29.8M | $29.3M |
| Jun 2025filed Aug 6, 2025 | $194.9M | +0.9% | 77.7% | $32.6M | $32.7M |
| Mar 2025filed May 5, 2025 | $192.7M | +0.9% | 78.3% | $38.7M | $37.7M |
| Dec 2024filed Feb 13, 2025 | $191.5M | +4.1% | 77.7% | $13.6M | $147.2M |
| Sep 2024filed Nov 6, 2024 | $193.8M | +10.3% | 77.6% | $20.8M | $27.8M |
Fiscal years · last 6
| Fiscal year | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Dec 2025filed Feb 13, 2026 | $787.8M | +2.4% | 77.8% | $129.3M | $115.4M |
| Dec 2024filed Feb 13, 2025 | $769.3M | +11.6% | 77.4% | $65.2M | $215.6M |
| Dec 2023filed Feb 15, 2024 | $689.1M | +11.5% | 75.3% | -$11.3M | $46.9M |
| Dec 2022filed Feb 16, 2023 | $618.3M | +23.0% | 74.1% | -$92.6M | -$89.9M |
| Dec 2021filed Feb 15, 2022 | $502.8M | +34.6% | 73.0% | -$54.2M | -$56.2M |
| Dec 2020filed Feb 24, 2021 | $373.6M | +24.3% | 72.1% | -$22.4M | -$22.9M |
Short-interest history
FINRA reports open short positions for a settlement date. The publication date is later. These are reported positions, with a separate date for each observation.
Compare the reported short exposure around the dates you bought, sold or watched UPWK. A long position benefits from price rises; a short position benefits from falls. A change in these counts does not predict either move.
Settlement Oct 15, 2026
19,051,054 shares short
+1,519,436 shares (+8.7%) vs Sep 30, 2026
17.1% of the stored float. Published Oct 26, 2026.
Settlement Sep 30, 2026
17,531,618 shares short
-345,016 shares (-1.9%) vs Sep 15, 2026
15.8% of the stored float. Published Oct 9, 2026.
Settlement Sep 15, 2026
17,876,634 shares short
-1,473,557 shares (-7.6%) vs Aug 31, 2026
15.6% of the stored float. Published Sep 24, 2026.
Settlement Aug 31, 2026
19,350,191 shares short
+167,139 shares (+0.9%) vs Aug 14, 2026
16.9% of the stored float. Published Sep 10, 2026.
Settlement Aug 14, 2026
19,183,052 shares short
-3,705,874 shares (-16.2%) vs Jul 31, 2026
16.7% of the stored float. Published Aug 25, 2026.
Settlement Jul 31, 2026
22,888,926 shares short
-2,730,666 shares (-10.7%) vs Jul 15, 2026
20% of the stored float. Published Aug 11, 2026.
Change = this settlement’s shares short − the previous recorded settlement’s shares short; percentage change divides by that earlier count. A zero earlier count has no percentage change. Split-spanning counts are left uncompared. Float percentages use the stored settlement observation, not today’s float.
Source: stored FINRA equity short-interest records, up to six settlements from the last 240 days. FINRA data and reporting dates · How to read short interest
Dividends and stock splits
See the recorded cash amounts and dates behind UPWK’s income, and the splits that change its share count. Dates below are stored event records, not confirmation of a payment to your account.
Cash-dividend records
No qualified cash-dividend records are stored. This does not establish that the company pays no dividend.
Up to six Polygon cash-dividend events, including recorded ex-dates within the next 120 days. Amounts retain their recorded currency and decimal precision. Historical amounts are not restated to a common split basis, annualized, or converted to dollars.
For a long holding, compare the ex-date with when you held the shares and check the pay date against your broker’s cash history. Owning the stock today does not establish past entitlement. For a short holding, a dividend can create a payment obligation to the share lender.
Ex-dates and special dividend rules · Short-sale dividend obligations · Dividend data definitions
Split history
No qualified split events are stored. This does not establish that the stock has never split.
Up to six stored split dates through Nov 7, 2026. Equivalent vendor ratios are combined; conflicting ratios are left out. This history may be incomplete.
A split changes the share count and per-share price basis; it does not by itself add investment value. Put your holding’s earlier and later share counts on the same basis before comparing them. This applies to both long shares and shares owed on a short position.
How stock splits workPortfolio context
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Smart money context
Holder IQ: MEDIUM
32 smart-money holders: institutions with a high Holder IQ
Q2 2026, filed Oct 30, 2026
Smart-money 13F trend: distributing (light)
Unlock crowding heatmapUnlock filer discoveryInsider context
Sentiment: bearish
Last trade: sell 18 days ago
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: bearish. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Red flags: 0
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: bearish. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Largest 13-F holders · Q2 2026
300 filers reported a long position in UPWK for Q2 2026. 13-F holdings are filed up to 45 days after the quarter ends.
The top 10 hold
54%
of the 126.6M shares 13-F filers reported
Moves vs Q1 2026
8 added2 trimmed
Net shares held
+6.5%
across the 10 holders with a comparable Q1 2026 book
| Rank | Holder | Value | Shares | Shares vs Q1 2026 |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | $161M · 19.3M shares | 19.3M | +2.1% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | $66M · 7.9M shares | 7.9M | +1.6% |
| 3 | Ancient Art, L.P. | $60.4M · 7.2M shares | 7.2M | +21.3% |
| 4 | LSV ASSET MANAGEMENT | $53.4M · 6.4M shares | 6.4M | -6% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | $44.4M · 5.3M shares | 5.3M | -5.3% |
| 6 | STATE STREET CORP | $43.4M · 5.2M shares | 5.2M | +1.4% |
| 7 | Capital International Investors | $40.6M · 4.9M shares | 4.9M | +2.8% |
| 8 | DIMENSIONAL FUND ADVISORS LP | $39.7M · 4.7M shares | 4.7M | +27.7% |
| 9 | GOLDMAN SACHS GROUP INC | $35.7M · 4.3M shares | 4.3M | +67.4% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | $27.2M · 3.3M shares | 3.3M | +3.5% |
Sign in to see each holder’s Holder IQ, factor-adjusted Holder IQ and rank, and compare these holders with all scored filers. Available on every plan.
Sign in5% holder filings (13D / 13G)
Holders of more than 5% of UPWK file with the SEC within days. A 13D holder may seek to influence the company; a 13G holder is passive. Each holder’s latest filing from the last three years.
| Filed | Holder | % of class |
|---|---|---|
| Oct 30, 2026 | VANGUARD CAPITAL MANAGEMENT LLC13G · passive · amended | 4.93%under 5% |
| Aug 14, 2026 | Ancient Art, L.P.13G · passive | 6.2% |
| Jul 30, 2026 | BlackRock, Inc.13G · passive · amended | 15.2% |
| Jun 5, 2026 | PRICE T ROWE ASSOCIATES INC /MD/13G · passive · amended | 0.2%under 5% |
| Apr 29, 2026 | VANGUARD PORTFOLIO MANAGEMENT LLC13G · passive | 6.04% |
| Mar 27, 2026 | VANGUARD GROUP INC13G · passive · amended | 0%under 5% |
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